QUESTION 8 Production Possibility Frontier = Country Z A On8 G B 15, 7 10, 6 C Cell Phones - daily production F 15, 4 10, 4 D 18. 2 E 20, 0 10 15 20 25 Clothing - Daily production The graph shows that Country Z can the opportunity cost of producing 8 cellphones is 20 clothing. If Country X wants to buy 8 cellphones and pay 30 clothing, what would Country Z do? O a. Country Z will focus all production to make 8 cellphones (A) and trade them with Country X for 30 clothing, instead of producing domestically 20 clothing (E) O b. All of the above O c. Country Z and X are better off by trading with each other (e.g., Country Z is better getting 30 clothing by trade than producing 20 clothing) O d. Gains from trade allow for this vcuntary exchange between Country Z and X